For Sale
$688,000

1290 Northwest Hwy Des Plaines, IL 60016

Prime Des Plaines restaurant, high traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional Class A restaurant, located at 1290 E Northwest Hwy in Des Plaines, IL 60016, is available for $688,000. Boasting 1,775 square feet on a 0.31-acre lot, this vacant property offers a turnkey opportunity for an owner-operator. Built in 1985 and extensively renovated in 2018, the building features a clean interior and is exceptionally well-maintained. The property benefits from a prominent location at the hard corner of Northwest Hwy (Rt 14) and Laurel Ave, with a large pylon sign ensuring high visibility. Ample parking is provided with 16 spaces. The high-traffic location sees nearly 20,000 vehicles pass daily. This area offers significant demographic advantages, with a population of 57,106 within a 2-mile radius and 303,196 within a 5-mile radius, boasting average household incomes of $94,344 and $110,104 respectively. The strong employment base includes nearly 22,000 employees within 2 miles and over 192,000 within 5 miles, primarily in education/health services and trade/transportation/utilities. Conveniently located 0.3 miles from the Des Plaines Metra Train Station (Union Pacific Northwest) and served by Pace Bus route #208, this property enjoys excellent accessibility. The revitalized downtown Des Plaines, with its surge in new apartment development, further enhances the property's appeal. This is a rare opportunity to acquire a well-established restaurant in a thriving location.

Highlights

  • Class A restaurant for sale at $688,000.
  • 1,775 SF building on a 0.31-acre lot in Des Plaines, IL.
  • Turnkey opportunity; extensively renovated in 2018.
  • High-visibility corner location with pylon signage on Northwest Hwy (Rt 14) and Laurel Ave; 16 parking spaces.
  • High traffic count (nearly 20,000 vehicles daily); strong demographics and employment base.
  • Excellent accessibility; near Metra station and Pace bus route.

Property Details for 1290 Northwest Hwy

Property type
Retail properties, Restaurants
Square Feet
1,775 SF
Class
A
Year Built/Renovated
1985/2018
Buildings
1
Stories
1
Lot Size (sq. ft)
13,504 SF

Location Insight

City
Des Plaines
County
Cook
State
Illinois
Latitude
42.043513384344
Longitude
-87.891989428577
1290 Northwest Hwy, Des Plaines, Illinois

FAQs

What type of property is this?
Retail property - Prime Des Plaines restaurant, high traffic location.
Where is the retail property located?
The property is located at 1290 Northwest Hwy Des Plaines, IL.
What is the asking price?
The asking price for this property is $688,000.
What are key features of this property?
This property features: Class A restaurant for sale at $688,000.; 1,775 SF building on a 0.31-acre lot in Des Plaines, IL.; Turnkey opportunity; extensively renovated in 2018.
How can I contact the broker?
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1290 Northwest Hwy
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